Los Angeles-based fintech startup Netki has been accepted into the fourth edition of Plug and Play Fintech’s 12-week accelerator. Fewer than 25 of more than 800 applicants were accepted.
Netki provides companies with a suite of standards-based naming and digital identity management solutions which allows them to build secure blockchain-based applications and API-based online financial services compliant with industry and regulatory requirements.
While in the program companies have access companies including Capital One Growth Ventures, BNP Paribas, Credit Suisse Santander, TD Bank, Intuit and USAA.
“We at Netki are thrilled to be selected,” Netki cofounder and CEO Justin Newton said. “One of the key barriers to wider deployment of new and innovative products in the financial services industry has been a lack of standards and solutions that can allow them to operate these services, and remain in compliance with current AML/KYV regulations while protecting the rights of end users.
“The combination of our new identity solutions and Plug and Play’s incredible network of partners will allow us to work together with clients to help them critically evaluate potential new opportunities and accelerate projects’ move from the proof of concept stage to in-market services.”
Like this article? Take a second to support us on Patreon!